BAKU, Azerbaijan, Apr. 3
By Fidan Babayeva - Trend:
The current situation in the world related to the spread of coronavirus is having an impact on all energy companies, including Norwegian Equinor company, Trend reports referring to Equinor.
“Most of the office employees currently work at home,” the company said. “We also reduced the number of employees at our enterprises and facilities, taking into account the current situation in the world. To protect employees from coronavirus, only extremely necessary personnel are involved in the enterprises with full compliance with sanitary standards."
As for the cooperation with Azerbaijan, the company’s representative stressed that Equinor is a long-time partner of the State Oil Company of the Azerbaijan Republic (SOCAR) in the consortium for the development of the biggest oil fields in Azerbaijan Azeri-Chirag-Gunashli (ACG).
"Equinor considers the cooperation with Azerbaijan a priority,” the company said. “We have several assets that we continue to work on, such as ACG and the recently discovered Karabakh field. Today, we are cooperating with SOCAR on a project to develop the Karabakh field."
SOCAR and Equinor have confirmed a discovery of Karabakh field located 120 kilometers offshore, east of Baku, in the Azerbaijan sector of the Caspian Sea.
Drilling of the first appraisal well at Karabakh oil field was launched on December 23, 2019. The well was drilled in water depth of 180 meters by the Dada Gorgud semi-submersible drilling rig operated by SOCAR’s Caspian Drilling Company (CDC). The reservoir is at a depth of approximately 3.4 kilometers. The discovered volumes of oil and gas are satisfactory for pursuing commercial development of the Karabakh field.
The preliminary estimated geological reserves of the field reach more than 60 million tons.
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